The decision of Great Britain to leave the European Union will slow down economic growth in Bulgaria and as a result the budget deficit is likely to go up, Unicredit Bulbank has said. According to the bank the shock of Britain’s decision will cause a slowdown of economic growth in Bulgaria by 0.2 percent this year and by 1.1 percent next year. In the latest Ministry of Finance outlook, growth will reach 2.1% in 2016 and 2.5% in 2017. The bank’s analysts argue that Bulgarian exports will suffer most from Brexit. Investments will be affected too though not so strongly. A more limited effect is expected on the financing of the government and on the economy as a whole.
With 24.5% voter support, GERB-SDS continues to hold a lead over the other political forces. This is according to a nationally representative survey conducted by the Gallup International Balkan polling agency between 28 May and 4 June 2025, financed by..
The Waterfall Folklore Fest Niagara 2025 brought together fans of Bulgarian folk dance from the United States and Canada. The event took place in Niagara Falls, Ontario, this past weekend. Among the participants in the folklore gathering was the..
Electronic gates for automatic document checks on British nationals entering Bulgaria through Sofia's Vasil Levski Airport are now operational. The electronic gates were demonstrated to Interior Minister Daniel Mitov and British Minister for European..
More and more foreign students have been choosing Bulgarian universities and higher education institutions in recent years, the Bulgarian News Agency..
According to Eurostat data , in 2024 Bulgaria and Estonia ranked second to last in the EU in terms of actual individual consumption (AIC) per..
The plane with 148 people evacuated from Israel landed at Vasil Levski Airport in Sofia at 02:30 . 89 of the people are Bulgarians and..
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